Senate dealmaker David Pocock has joined mounting calls for Jim Chalmers to launch a sweeping review of the tax system, as former Reserve Bank governor Bernie Fraser calls out the government for “pussyfooting around”.
Increasing the 10 per cent GST, taxing super profits, and an overhaul of the petroleum resource rent tax should be included in any review, Senator Pocock said.
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Michael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS. Connect with Michael on Twitter. Email Michael at michael.read@afr.com
John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
